Myanmar’s financial markets are slowly opening up

NAYPYITAW Naypyitaw’s famously empty hotels were busy for once on Sept. 13-14 as an annual investment forum drew more than 1,300 bankers and investors from around the world. Expectations for the country’s financial development are sky high, especially as the first civilian government in half a century is settling in. Reforms are happening slowly but […]

U.S. temporarily lifts trade restrictions on Myanmar shipping hubs

The United States is temporarily easing trade restrictions on Myanmar by allowing all shipments to go through its ports and airports for six months, an effort to boost the Southeast Asian country’s opposition party after its landmark election win in November, U.S. officials said on Monday. The policy change, coming after Aung San Suu Kyi’s […]

Myanmar vote boosts hopes of lifting US sanctions if military accepts the results

The United States on Monday (Nov 9) welcomed Myanmar’s election as a victory for the people, and the vote appeared to raise prospects of a further lifting of US sanctions – provided the military accepts the results. While highlighting encouraging signs from Sunday’s poll, Washington remained cautious and said it would watch for the democratic […]